New name announced in due course
'Important milestone' for the group
Separating multi-asset and single-strategy divisions
Quilter due to list on 25 June
Allocations to UK fallen to record lows
Buxton-led business will be split off in H2 2018
Fund selectors are divided on the main motivation behind Schroders' strategy when replacing Philip Matthews as manager of its flagship UK Alpha Plus fund, after just over four years in the role.
Matthews to focus on UK Growth trust